Samsung is the latest tech giant trying to replace your physical wallet with a digital one that lives on your phone. The company on Thursday launched Samsung Wallet, a new mobile wallet for storing digital keys, boarding passes, ID cards and credit cards. Apple and Google announced major updates for their own virtual wallet platforms in recent weeks.
Samsung previously announced its mobile wallet in February alongside the Galaxy S22, but only just launched the platform on Thursday. Samsung is merging two existing services to create Samsung Wallet. The app combines Samsung Pay, its mobile payment service for storing payment cards and vaccine records, and Samsung Pass, which manages passwords and login information for apps and websites.
The unified app signals an expansion of Samsung’s efforts to make its service better compete with those offered by Apple and Google. Samsung Wallet is launching via an app update, and Galaxy device owners can migrate their information directly from the Samsung Wallet and Samsung Pass apps.